Global Aircraft Actuator Market Research Report 2020 Updates

The emphasis on the adoption of technologically advanced products has compelled companies to introduce newer products at a rapid pace. Due to the accuracy and precision involved in aircraft operations, it is necessary to adopt products with the highest efficiency. The increasing number of technological advancements will help companies generate substantial aircraft actuators market revenue in the coming years.

As of 2018, the market in North America was worth USD 8.17 billion and this value is projected to increase further in the coming years. The market in Europe will also witness considerable growth in the coming years, owing to the up-gradation of existing actuators for improved reliability.

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A few of the leading companies that are operating in the market include 
• Eaton Corporation Inc. (the US)
• Honeywell International Inc. (the US)
• Lockheed Martin Corporation (the US)
• Moog Inc. (the US)
• Northrop Grumman Corporation (the US)
• Parker Hannifin Corporation (the US )
• Rockwell Collins (the US)
• Saab AB (Sweden)
• Sitec Aerospace GmbH (Germany)
• TAMAGAWA SEIKI Co.Ltd. (Japan)
• The Boeing Company (the US)
• Woodward Inc. (the US)